BERLIN, June 8 (Reuters) – Over 30 microelectronics projects in Germany will receive about 4 billion euros ($4.29 billion) in funding after the European Commission approved a support scheme for such technologies, the German Economy Ministry said on Thursday.

“The 31 microelectronics projects from 11 federal states strengthen Germany as a microelectronics location across the board and are an important industrial policy milestone,” said Economy Minister Robert Habeck.

($1 = 0.9316 euros)

Reporting by Miranda Murray
Editing by Madeline Chambers

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